The first public offer of shares by a Company. When a Company makes an IPO, the shares become widely held and there is a change in the shareholding pattern.
You may also like
Commission payable to the stock broker for arranging the sale or purchase of securities. Maximum chargeable commission is fixed by the Exchanges.
The rate at which the first transaction in a security is struck after the opening of the market.
Form of trading that uses modern telecommunication and computer technology to combine information transmission with trading in financial markets. This opposed to […]
They are appointed by the lead managers to manage collection of funds in the issue. They are responsible for updates on the […]